January 3, 2025
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5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar December 31 – Just, SafePal, Jupiter, Hedera

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As Bitcoin dropped to the $92,000 mark over the past 24 hours, altcoins mirrored the decline, with most trading in the red. However, an analyst on X (formerly known as Twitter), Jason Marks, has suggested that a bullish shift for altcoins might be approaching. Marks highlighted a fractal pattern that could lead to substantial growth for the altcoin market.

Marks’ analysis suggests this fractal could drive the altcoin market cap up to $1.85 trillion. At present, the total valuation of altcoins is around $925 billion. In light of this positive outlook, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar.

5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar

SafePal (SFP), currently ranked 192 in the cryptocurrency market, is trading at $0.7271, showing a 0.72% rise over the past 24 hours. JUST (JST), a decentralized finance (DeFi) platform, operates on the TRON blockchain. Jupiter, a leading swap aggregation engine, continues establishing itself as a vital component of the Solana ecosystem. 

Hedera (HBAR) has made notable strides in applying blockchain technology across various sectors. Meanwhile, Solaxy ($SOLX), the first Layer-2 protocol built on Solana, has gained traction after raising $7 million during its presale. MicroStrategy’s stock fell by up to 6% following its most recent Bitcoin acquisition.

1. SafePal (SFP)

SafePal (SFP), ranked #192 in the cryptocurrency market, is currently priced at $0.7271, reflecting a 0.72% increase in the last 24 hours. With a market capitalization of $354.48 million, SafePal has a 24-hour trading volume of $6.62 million, up 7.65%. The token’s fully diluted valuation (FDV) is $363.56 million, with a circulating supply of 487.5 million SFP out of a total and maximum supply of 500 million SFP.

SFP Price Chart

SafePal, launched in 2018, offers hardware and software wallets paired with the SafePal App to help users secure and grow their digital assets. Backed by Binance, SafePal supports major cryptocurrencies and tokens on Ethereum, Binance Smart Chain, and TRON, enabling users to securely store, swap, trade, and manage their portfolios. The platform boasts over 3 million users across 196 countries.

Recent updates include MasterCard support for Mainland China users, enabling spending of USDC via MasterCard through SafePal’s partnership with Fiat24. Users can also link WeChat and AliPay for seamless crypto transactions, with plans to expand support to other regions.

SafePal’s price prediction sentiment is currently bullish, supported by a 64 (Greed) score on the Fear & Greed Index. The token has shown positive performance, recording 18 green days out of the last 30 (60%) with 7.97% price volatility. Analysts predict the price could rise by 228.11% to reach $2.33 by January 30, 2025, making it a favorable time to invest in SafePal based on current technical indicators and market trends.

2. JUST (JST)

JUST (JST) is a decentralized finance (DeFi) ecosystem built on the TRON blockchain. The platform provides a suite of products, with its core focus on JustStable, a decentralized stablecoin lending platform. JUST officially launched in August 2020 after conducting an initial exchange offering (IEO) on Poloniex LaunchBase earlier that year. Its native governance token, JST, has circulated since May 2020.

JST is priced at $0.03887, reflecting a 1.33% increase in the last 24 hours. The token has a market capitalization of $384.83 million and a substantial 24-hour trading volume of $62.17 million, marking an impressive growth of 117.04%. With a total circulating supply of 9.9 billion JST, the token demonstrates high liquidity relative to its market cap.

JST Price ChartJST Price Chart

Recent activity on JustLend DAO, the ecosystem’s lending platform, highlights growing engagement. Over the past 24 hours, the platform recorded 97 unique active wallets (UAW), an increase of 8.99%, and processed 334 transactions (+5.03%), with a transaction volume of $3.71 million (+110.76%).

From a technical perspective, JST trades above its 200-day simple moving average, a key indicator of long-term strength. Over the past year, its price has increased by 24%, and it has had 16 green days out of the last 30 (53%). This performance, coupled with its liquidity, suggests a stable position in the market.

3. Jupiter (JUP)

Jupiter, a prominent swap aggregation engine, has positioned itself as a key player in the Solana ecosystem. Its primary role is to provide liquidity infrastructure that supports decentralized finance (DeFi) transactions. Alongside its core functionality, Jupiter has expanded its offerings to include features such as Limit Orders, Dollar-Cost Averaging (DCA), Time-Weighted Average Price (TWAP) trading, Bridge Comparison, and Perpetuals Trading. These additions cater to the evolving needs of users within the DeFi space.

JUP Price ChartJUP Price Chart

The current price of Jupiter’s token, JUP, is $0.8312, reflecting a 1.31% increase over the past day. The token exhibits a relatively active market presence with a market capitalization of $1.12 billion and a 24-hour trading volume of $95.08 million. Notably, the trading volume represents 8.47% of the market cap, indicating significant liquidity in recent trading sessions. The circulating supply of JUP is approximately 1.35 billion, drawn from a total supply of 10 billion tokens.

From a broader perspective, Jupiter’s infrastructure and product suite aligns with the expanding DeFi landscape on Solana. Its integration of diverse tools and trading mechanisms positions it as a comprehensive option for users seeking versatile DeFi solutions. 

4. Hedera (HBAR)

Hedera (HBAR) has significantly progressed in integrating blockchain technology into various industries. A notable example is its collaboration with OpenBrick, which aims to revolutionize the real estate sector. By leveraging Hedera’s multichain capabilities and adherence to regulatory standards, OpenBrick seeks to make real estate investments more accessible, liquid, and compliant. This partnership underscores Hedera’s role in supporting Europe’s transition toward tokenized real estate assets, catering to institutional and retail investors.

HBAR Price ChartHBAR Price Chart

HBAR is priced at $0.2718, reflecting a 2.33% increase over the past 24 hours. The token exhibits high liquidity, with a market capitalization of $10.39 billion and a 24-hour trading volume of $717.52 million. 

Its total and circulating supplies are 50 billion and 38.25 billion HBAR, respectively. Hedera trades 106.69% above its 200-day simple moving average of $0.1314, suggesting strong market performance.

5. Solaxy ($SOLX)

Solaxy ($SOLX), the first Layer-2 solution built on Solana, has garnered attention after raising $7 million during its presale phase. This milestone indicates investor confidence in its ability to address Solana’s network challenges while bridging them with Ethereum’s liquidity-rich ecosystem.

Currently, $SOLX tokens are priced at $0.001584, with a slight increase to $0.001586 expected once the countdown ends today. The token also offers annual staking rewards of up to 550%. Since the presale began two weeks ago, over 2 billion tokens have already been staked. With 138 billion tokens, rewards will be distributed over three years at 4,377.4 $SOLX per Ethereum block, becoming claimable once the presale ends.

SOLX Tweet SOLX Tweet

Solaxy addresses key limitations of the Solana network, such as congestion caused by spam transactions and scalability issues during peak usage, where up to 70% of non-vote transactions fail. Introducing a Layer-2 solution reduces network strain and ensures more reliable operations. Its integration with Ethereum further enhances usability, allowing seamless asset transfers across both ecosystems and opening new opportunities for multi-chain applications.

Community interest in Solaxy is growing, with endorsements from influencers like ClayBro and nearly 20,000 social media followers. Solaxy’s potential lies in improving Solana’s scalability while leveraging Ethereum’s liquidity. The presale offers a chance to join at the initial stage. 

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